Al Hilal Bank in collaboration with Visa has rolled out three premium debit cards to boost the adoption of contactless payments in the UAE.
Equipped with Visa payWave technology, the contactless debit cards include Al Hilal Visa Infinite, Al Hilal Visa Signature, and Al Hilal Visa Platinum.
With the new ‘tap and go’ option, the Visa payWave-enabled debits cards not only save time and cost upon use, but also provide cardholders the enhanced security advantages of contactless payments.
The cardholders will be provided with security against fraudulent transactions with data encryption upon sending sensitive information.
Additionally, the new technology will reduce the possibility of card loss and typing errors, and allowing customers to make payments without giving retailers access to their card information.
All the three new cards are linked to Visa’s premium rewards platform, which provides a host of benefits, which includes travel, retail and lifestyle privileges, such as unlimited access to over 850 airport lounges worldwide, discounts with hotel chains like Jumeirah Group and Hilton and access to Visa Luxury Hotel Collection, among others.
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By GlobalDataVisa general manager for UAE, Qatar and Pakistan Selim Ibrahim Ergoz said: “Increasing the adoption of contactless payments is a key focus for Visa here in the UAE, and we are pleased to partner with Al Hilal Bank to power its range of premium debit and mass credit cards with Visa’s payWave technology.
“In addition to reaping the extensive rewards from the Visa loyalty program, cardholders will be able to enjoy a seamless and hassle-free contactless payments experience, a trend that has gained recognition in the UAE over the past year owing to the rapid rise of digital wallets.”
Al Hilal Bank CEO Alex Coelho said: “By encouraging cardholders to make contactless transactions, the partnership aims to increase the number of Visa payWave enabled devices in the country in the short-term, ultimately paving the way for mass adoption of digital wallets.”